<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=351166518341071&amp;ev=PageView&amp;noscript=1">

Brian Paulson

Brian Paulson
Brian received his Bachelor’s degree from the University of North Dakota with a double major in accounting and financial management. He’s a member of both the National Society for Tax Professionals and the National Society for Accountants and serves on the board of directors for the Professional Association of Small Business Accountants.

Recent Posts

Basic Types of Small Manufacturing Costs

Oct 11, 2016 7:59:12 AM / by Brian Paulson posted in manufacturing accounting


Manufacturing Costs

Small manufacturing companies that produce products have additional cost factors to consider compared to retailers and service providers.

Common manufacturing costs include four basic types:

  • Raw materials
  • Direct labor
  • Variable overhead
  • Fixed overhead

Read More

Should Law Firms Outsource Accounting?

Oct 4, 2016 8:25:00 AM / by Brian Paulson posted in outsource accounting, law firm accounting


Stay Focused on Your Clients

Law firms face many financial obstacles that impede their growth and ability to provide a better service.

Issues include:

  • Monthly financial reports
  • Difficulties with profitability
  • Tracking time and billing
  • Payroll
  • Tax Preparation and filing

You’re in the business of navigating the law for clients, not accounting and paperwork. Bookkeeping and accounting activities should not interfere with your primary responsibilities to the firm.

To stay focused on your clients, consider outsourcing accounting to professionals with experience in your industry.

Read More

Healthcare Accounting Services Provide Security for Your Practice

Sep 27, 2016 8:20:00 AM / by Brian Paulson posted in healthcare accounting services


More and more medical groups are tapping accountants for expanded services, even small practices. Why?

Because at the end of the day, a medical practice is a business. Having accounting and payroll services by your side builds a solid foundation for evaluating the health of your business, and provides access to financial tools to make informed decisions on important benchmarks in the healthcare industry. 

In addition to handling the basics, like bookkeeping, monthly statements, payroll, and taxes, some accounting services also include structured business advice on compensation trends, profitability, and operating budgets.

Not all accountants, however, are created equal. Finding the right fit for your practice is a crucial step in the process.

Read More

Small Business Accounting Methods: Cash vs. Accrual

Sep 20, 2016 8:36:58 AM / by Brian Paulson posted in small business advice, small business accounting


Small businesses typically fall into two different accounting methods: cash and accrual. Both accounting methods refer to the basic rules and guidelines under which businesses keep their books and prepare their financial reports.

Depending on the legal form of the business, sales volume, extensions of credit to customers, inventory, and tax requirements set forth by the IRS, small business owners need to decide which accounting method to follow.

While some form of record-keeping is required by law, the resulting information can also be useful in assessing the financial health of a business. Although it is possible to change accounting methods down the line, the process can become complicated. That being said, it’s important for small business owners to consult with an accountant early on to decide which method is best suited for their particular situation.

Read More

3 Ways Accounting and Payroll Services Save You Time and Money

Sep 13, 2016 8:15:00 AM / by Brian Paulson posted in monthly accounting, payroll


As a small business owner, you should be consistently looking for ways to improve operations, increase profits, and reduce unnecessary spending. One option that should be considered is to hire accounting and payroll services to save you time and money.

Read More